In a sole proprietorship, this person receives all of the profits.
Who is the owner or the sole proprietor?
100
This is a business owned by two or more people
What is a partnership?
100
This group of workers help to improve wages and working conditions for its members
What is a labor union?
100
This is a process by which unions and employers negotiate the conditions of employment
What is collective bargaining?
100
Things that businesses supply to the community
What are food, clothing, and shelter?
200
The two types of this are general and limited
What is a partnership?
200
This is a business that does not intend to make a profit from the good and services it provides
What is a nonprofit organization?
200
These are the two types of unions
What are trade unions and industrial unions?
200
This is when workers purposely stop working to force an employer to give in to demands
What is a strike?
200
Out of corporations and foundations, this one usually gives more contributions each year
What are foundations?
300
This is a disadvantage for a business owner because one owner is responsible for the entire business debt, even if the other owner goes broke
What is unlimited liability
300
This is a company that has permission to sell a suppliers goods or services in a specific area in exchange for a sum of money
What is a franchise?
300
These laws forbid employers from forcing workers to join unions
What are right-to-work laws?
300
This is a court order to stop an action
What is an injunction?
300
This is the process of making business deals or conditions more visible to the public
What is transparency?
400
Not having complete control over your business is a disadvantage of owning this
What is a franchise?
400
A business owned by many people but treated by law as a person; shareholders are part of the ownership
What is a corporation?
400
These are 2 tactics that unions use to get their employees what they want
What are picketing and strikes?
400
This is a the duty that businesses have to pursue goals that benefit society as well as themselves
What is social responsibility?
400
These are the 4 groups that businesses have a responsibility to
What are owners, consumers, investors, and employees?
500
These are the 3 basic forms of business organization
What is sole proprietorship, a partnership,and a corporation?
500
This is a group of people elected by the shareholders of a corporation to act on their behalf
What is a board of directors?
500
This is where a company orders employees out of their building and can allow for temporary replacements to come in and work for them
What is a lockout?
500
This is an organization created by a person or a business to provide money for a specific purpose, especially for charity or research
What is a foundation?
500
Name one type of recipient that a business might contribute to
What are:
religion; education; gifts to foundations; human services; health; international affairs; arts, culture, and humanities; environment and animals; grants to individuals